American Express (NYSE:AXP) Q2 Earnings, Revenue Rise; Fiscal 2023 Outlook Reaffirmed

American Express Co. (NYSE:AXP) reported Q2 earnings of $2.89 per diluted share, up from $2.57 a year earlier.

Analysts polled by Capital IQ expected $2.81.

Revenue net of interest expense for the quarter ended June 30 was $15.05 billion, up from $13.40 billion a year earlier. Analysts surveyed by Capital IQ expected $15.36 billion.

For fiscal 2023, American Express Co. said it continues to expect earnings of $11 to $11.40 per share and revenue growth of 15% to 17%. Analysts polled by Capital IQ expect earnings of $11 per share.

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